Diagnostic tests
| Diagnostic test | (p-value) | Results |
|---|---|---|
| Breusch-Godfrey LM | 0.6011 | No evidence of serial correlations |
| Breusch-Pagan-Godfrey | 0.1107 | No evidence of heteroscedasticity |
| Jarque Bera test | 0.7324 | Residuals are normally estimated |
| Ramsey reset test | 0.4680 | Proper specification of the model |
| Diagnostic test | Results | |
|---|---|---|
| Breusch-Godfrey LM | 0.6011 | No evidence of serial correlations |
| Breusch-Pagan-Godfrey | 0.1107 | No evidence of heteroscedasticity |
| Jarque Bera test | 0.7324 | Residuals are normally estimated |
| Ramsey reset test | 0.4680 | Proper specification of the model |
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